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Setup strategy : (sell stop entry)
Personally will wait the price to show some rejected signs at blue zone first to enter a sell trade.
Take note that German Prelim GDP q/q is set to release at 30 July, previous -2.2% with market forecast on -9.0%
Remarks from author
1)This analysis does not represent long or short trade immediately, it is solely on the author analysis
2)Trade at your own risk with proper lot sizing and follow your own trading plan
3)Risk management is always be the top priority
Personally will wait the price to show some rejected signs at blue zone first to enter a sell trade.
Take note that German Prelim GDP q/q is set to release at 30 July, previous -2.2% with market forecast on -9.0%
Remarks from author
1)This analysis does not represent long or short trade immediately, it is solely on the author analysis
2)Trade at your own risk with proper lot sizing and follow your own trading plan
3)Risk management is always be the top priority
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